Dearness Relief payable for the period February 2021 to July 2021 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia

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Dearness Relief payable for the period February 2021 to July 2021 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia

Dearness Relief payable for the period February 2021 to July 2021 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Reti

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Dearness Relief payable for the period February 2021 to July 2021 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia

Indian Banks’ Association

HR & INDUSTRIAL RELATIONS

No.CIR/HR&IR/D/G2/2020-21/9590

February 1, 2021

Designated Officers of all Nationalised Banks and State Bank of India

Dear Sir/Madam.

Dearness Relief payable for the period February 2021 to July 2021 to surviving pre 1.1.1986 retirees of banks (b) surviving spouses of pre 1.1.86 Retirees who are in receipt of Ex-gratia

As per the directive contained in the Government of India, Ministry of Finance Department of Economic Affairs (Banking Division) letter F.No.11/2/2012-IR dated 17.12.2013, the Dearness Relief payable to surviving pre 1.1.1986 retirees of banks for the period February 2021 to July 2021 on Ex-gratia will be as under :

Applicable
CPI
Average
Amount
of
Ex-gratia per month
Rate of
Dearness Relief
Amount of
Dearness Relief per month
Total Ex-gratia
amount including
Dearness Relief
per month
%
7849 Pre 1.1.86 Retirees 350 1214.04 4249 4599
Surviving spouses of pre 1.1.86 retirees 175 1214.04 2125 2300

Yours faithfully

S K Kakkar
Senior Advisor (HR & IR)

dearness-relief-payable-for-the-period-february-2021-to-july-2021-to-surviving-pre-1-1-1986-retirees-of-banks-b-surviving-spouses-of-pre-1-1-86-retirees-who-are-in-receipt-of-ex-gratia

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